Hirect Ltd

Hirect Earnings Call Transcript: Key Takeaways

Record Q2 FY27 consolidated revenue of ₹315.7 Cr (+39% YoY), but EBITDA margin fell to 4.3%. PAT of ₹6.8 Cr was helped by a ₹2.7 Cr exceptional gain.

Hirect Results Update

Hirect Ltd released a press announcement reporting record Q2 and H1 FY27 revenue, with standalone revenue of ₹294.3 crore in Q2. It also disclosed an order book of ₹795.2 crore as of September 2026.

Order book

₹795.2 Cr

Hirect Investor Presentation: Key Takeaways

Record Q2FY27 standalone revenue of ₹294.3 Cr (+29.6% YoY) and H1FY27 ₹530.7 Cr (+20.1%). Consolidated Q2 EBITDA margin fell to 4.3% on Elventive France costs.

Hirect Q2 FY27 Results: Net Profit ₹2.9 Cr, Down 80.3% YoY

Hirect Ltd reported revenue from operations of ₹315.7 Cr (+39.0% YoY) and net profit of ₹2.9 Cr (-80.3% YoY) for Q2 FY27.

Key figure

Net profit ₹2.9 Cr · -80.3% YoY

Hirect Board Meeting Date

Hirect Ltd intimated a Board Meeting scheduled for November 10, 2026, to approve Q2/H1 FY27 results. The insider trading window is closed from October 1, 2026.

Hirect Other Announcement

Hirect Ltd submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.

Hirect Annual General Meeting

Hirect Limited announced Postal Ballot voting results regarding the appointment of directors and an extension of the timeline for the utilization of preferential issue funds.

Hirect Management Change

Mrs. Preeti Sharma has resigned from her position as Head Legal and Senior Management Personnel of Hirect Limited, effective September 24, 2026.

Hirect Merger & Restructuring Worth ₹4.5 Cr

Hirect Limited sold the residual part of its non-operational Dehradun plant for ₹4.5 Crore. The buyer is not part of the promoter group.

Value

₹4.50 Cr

Hirect Annual General Meeting

Hirect Limited has issued a Postal Ballot notice for shareholder approval of director appointments and an extension for utilizing funds raised via preferential equity warrants.

Hirect Annual General Meeting

Hirect Limited issued a Postal Ballot Notice seeking shareholder approval for director appointments and extending the timeline for utilizing Rs. 27.36 Crore raised via warrants.

Value

₹27.36 Cr

Hirect Credit Rating

Hirect Limited received a credit rating reaffirmation from CRISIL for its total bank loan facilities of Rs. 228.9 Crore. The company retains its BBB+/Stable and A2 ratings.

Value

₹228.9 Cr

Hirect Earnings Call Transcript: Key Takeaways

Q1 FY27 consolidated revenue grew 20.3% YoY to INR 258.4 Cr. Hirect is transitioning from component supplier to integrated systems provider for Indian and US rail/mining markets.

Call

Guides 30% growth

Hind Rectifiers Dividend

Hirect Limited confirmed the dispatch of a Rs. 1.40 per equity share dividend. Payments were credited electronically following approval at the 68th Annual General Meeting.

Hind Rectifiers Other Announcement

Hind Rectifiers Limited is changing its name to Hirect Limited, effective August 18, 2026. The exchange has issued this circular to inform market participants.

Hind Rectifiers Earnings Call Transcript: Key Takeaways

Hind Rectifiers Q1 FY27 showed 20.3% consolidated revenue growth but flat orders due to geopolitical delays. Management focuses on shifting from component supplier to integrated systems provider.

Call

Guides 30% growth